Recent content by Herpas

Minimum deal volume depends on your amount of money and the amount of profit you want to get. But the more important question is not the minimal deal, but the maximum deal, because it's very risky.

If the broker doesn't bring the transactions to the market, then he is interested for your deal to be unprofitable, because that way your loss is broker's profit. And vice versa, if you win, broker loses money and starts to cause trouble. And if the deals go to market, then broker doesn't care...

But should you limit yourself and take a low leverage instead of high? Why? Take the maximum, but also calculate the maximum volume for order opening. Here on forum, there's a good deal volume calculator, use it!

Forex is real. How can you not believe something, that everybody knows about, and where a lot of people trade? But I think the question is a bit different. I think some power controls forex. I think that quotes can be controlled and someone does it for their own profit.

Indicator moving average (MA) is the most useful in my opinion, and it suitable for any timeframe. The main thing is to properly configure it. I usually set several MA just to see the picture more clearly.

Everyone afraid to lose money, and you can do that easily on forex. If the risk wasn't this high, then I think more people would've tried investing.

I don't believe statistics, that shows how much traders get profits, and how moch lose, because I don't understand how do they get such stats. I don't think that brokers share such statistics just to have a general picture of what's happening on forex.

Disadvantages are subjective. For someone else it's a disadvantage, but for another - it's totally fine. Of course if do not get to extremes. You should fight disadvanteges only if people have noticed them, but if not, then that's fine)

I think one of the best options is to watch youtube videos. I think it's the best, because you can see for yourself what is meant. Sometimes there are screenshots in the book, but it's nothing like a live picture.

I fully agree with you. If you don't have too much money on your account, the best option for you is risk control. It's even safer than any stoploss!

Everybody wants to get profit while trading, that's a fact. However, most people still lose. I do not always get a profit either, and that means, that for me right now forex is more of a hobby, than a stable source of income.

Forex is forbidden in some countries. Of course, that doesn't means, that nobody trades there. It's just that trading is illegal. So you probably shouldn't say, that you can trade from anywhere in the world.